105 ordspråk av Diane Swonk

Diane Swonk

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 I think you have to take the January numbers with a bit of a grain of salt. Consumer confidence is still quite strong and I think we'll see at least a partial recovery in activity in February and through the spring.

 I view the risk as very high that the Fed shifts its bias to tighten (interest rates) sooner than we had forecast. The risk is rising that they will move sooner.

 I'm a little bit surprised there isn't a 'monitoring' component [in the Fed's statement], ... They certainly left themselves open to ease further if they need to, but there's no urgency to it.

 I'm a little bit surprised there isn't a 'monitoring' component [in the Fed's statement]. They certainly left themselves open to ease further if they need to, but there's no urgency to it.

 If it was going to be one of them, you would have thought they would just move forward.

 If they move between meetings it's usually a move to shore up confidence.

 If they see more instability in financial markets, they will take it lower.

 If we are in an economy that is weakening ... that's not good for profits.

 In the aftermath of Katrina, the effect on the labor market from the fallout has been limited.

 Iraq and corporate governance issues have bogged down capital investment decisions. We're seeing companies that are ready to go; they're just waiting for a sign.

 Is the pressure on inflation behind us? I think not. Inflationary pressures are not going to surge overnight, but they'll creep up.

 It adds up on paper to look a lot better than what it feels to people, ... not as many people are sharing in the economic gains.

 It confirms that the Fed is almost done. Those looking for higher rates are not looking at the economy the same way as the Fed.

 It was an extraordinary quarter for productivity growth. Katrina was expected to lop off growth and give us a crippled and less efficient quarter. Instead, it showed how remarkably resilient the U.S. economy was both in response to the hurricanes and the energy shocks that accompanied them.

 It will be very interesting to see Fed's decision today, which may include them standing pat in terms of no move on interest rates, and there is chance here they will now talk about risks being balanced between recession and recovery,


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